Warehousing and Storage Services Market 2021 - 2025: DHL International GmbH, XPO Logistics, Inc., Ryder System, Inc., NFI Industries, Inc.

Latest released, the research study on Global Warehousing and Storage Services Market Report Forecast 2021 - 2025, offers a detailed overview of the factors influencing the global business scope. Warehousing and Storage Services Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Warehousing and Storage Services. The study covers emerging player's data, including competitive landscape, sales, revenue and global market share of top manufacturers are: DHL International GmbH, XPO Logistics, Inc., Ryder System, Inc., NFI Industries, Inc., AmeriCold Logistics LLC, FedEx Corp, Lineage Logistics Holding, LLC, NF Global Logistics Ltd, DSV Panalpina A/S, Kane Is Able, Inc., MSC - Mediterranean Shipping Agency AG

The warehousing and storage services market is expected to register a CAGR of 10% during the forecast period from 2020 to 2025.

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Covid-19 Impact and Recovery Analysis:

The global Warehousing and Storage Services market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.

Industry News and Updates:

- January 2020 - DHL announced to expand its warehousing and supply chain businesses in India. DHL will soon make a significant investment to expand its Indian warehousing and supply chain capacity as the German logistics giant seeks to tap into the booming e-commerce business driven by Amazon and Walmart-owned Flipkart. DHL currently runs some nine million sq ft of warehousing and supply chain in India.
- December 2019 - NFI boosted its presence in the southeastern U.S. by acquiring G&P Trucking Company Inc., a transportation firm based in Columbia, South Carolina. G&P's acquisition will add 370 tractors to NFI's fleet, bringing its total up to more than 3,000. NFI will now have more than 12,500 trailers, after adding 3,000 from G&P's fleet and adding to its work in specific verticals, including the automotive, retail and textile industries.

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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North America is Expected to Hold Major Share

- According to the U.S. Census Bureau, the warehouse and storage revenue is expected to increase by 2.1% p.a. from 2018 to 2023. In 2019, the revenue generated was USD 36.6 billion, compared to 2018, which was USD 35.6 billion. With significant growth in the manufacturing units, retail sector, and pharma units, the market shows a potential increase in the United States. Further, it is estimated that Transportation and warehousing will contribute to USD 22.24 billion of its GDP value (source IMF), where the significant contribution comes from the government sector, wholesale trade, manufacturing, etc. Further, players are continuously focused on expanding their facilities, which significantly drives market growth.
- There is a significant growth opportunity for third-party warehousing and distribution players, as only a small part of the sector in North America is outsourced, and e-commerce is growing. So players are also expanding their facility by doing expansion, mergers, and acquisitions. In Feb2020, Maersk announced to double its North American warehousing and distribution capacity with the purchase of U.S. firm Performance Team in a deal valued at USD 545 million (a figure that includes some USD 225 million) of warehouse lease liabilities. The company is primarily focused on strengthening its e-commerce fulfillment capabilities since many retailers are looking to grow online retail sales.

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-Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects

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-Market value USD Million and volume Units Million data for each segment and sub-segment

-Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

-Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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